Gold stocks soar as IHSG ends in the red

JAKARTA – Jakarta Composite Index (IHSG) closed in negative territory on Tuesday (3/6), slipping 0.29% or 20.25 points to end the session at 7,044.82.
This marked the third consecutive trading day of decline since 28 May 2025. However, the drop was milder compared to the 1.54% plunge recorded on Monday (2/6).
Total trading volume reached 24.85 billion shares, with turnover amounting to IDR 14.49 trillion — comprising IDR 12.81 trillion in the regular market and IDR 1.68 trillion in negotiated trades.
Analysts in a previous IDNFinancials.com report had forecast the IHSG to move in a narrow range today, with a downside bias. The projection followed sustained foreign investor selling pressure and the release of Indonesia’s trade balance data earlier this week.
Despite the broader market weakness, several gold-related stocks posted strong gains.
Shares of PT J Resources Asia Pasifik Tbk (PSAB) led the rally with a 24.62% jump to IDR 486 per share, earning a spot on the day’s Top Gainer list.
Shares of PT Archi Indonesia Tbk (ARCI) rose 2.55% to IDR 402, while PT Aneka Tambang Tbk (ANTM) gained 1.20%.
Although their intraday increases were more modest than PSAB’s, ARCI and ANTM shares have delivered capital gains of 19.64% and 46.72% respectively over the past month. (KR/ZH)